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7 2 pts On September 15, 2021, the Board of Directors of MML Co. declares a $15/share dividend. The dividend is payable on November 15,

7 2 pts On September 15, 2021, the Board of Directors of MML Co. declares a $15/share dividend. The dividend is payable on November 15, 2021 to shareholders of record on October 15, 2021. As of September 14, 2021, Richard owned 500 shares of MML Co.'s stock. On October 1, 2021, Richard sold 170 of the shares to Jane for their fair market value. On the same day, Richard also sold 35 of the shares to Natalie and gave 80 of the shares to Nadia (his daughter). As of October 15, 2021, Richard, Jane, Natalie and Nadia are all shareholders of record. Who gets taxed and on how much? Richard $3,225; Jane = $2,550; Natalie = $525; Nadia = $1,200 Richard $3,225; Jane = $2,550; Natalie = $525; Nadia = $0 Richard $4,425; Jane = $2,550; Natalie = $525; Nadia = $1,200 Richard $4,425; Jane = $2,550; Natalie = $525; Nadia = $0 Question 8 2 pts In 2017, Simon transfers 100 shares of Brown Corporation stock to Samantha as part of a divorce settlement. The cost of the stock to Simon is $11,500, and the stock's value at the time of the transfer is $14,300. In 2021, Samantha sells the stock for $17,600 to Michael. What is Samantha's basis in the stock at the time of her sale of stock? $14,300 $11.500

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